Lingrid | GOLD selling OPPORTUNITY at KEY Resistance

7월 25일

The price perfectly fulfilled my last idea. It hit first target at 2430. XAUUSD has broken below the critical 2400 level following the release of unfavorable news for gold. Given the current momentum, I think it's likely that the market will retest this lower levels. I anticipate that the price may even drop below 2350 to absorb any remaining liquidity. If the upcoming Core PCE data fails to propel the price higher, I expect the market to fluctuate upward and downward before potentially resuming its previous trend. My goal is the support around 2350.

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻